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the table from the democrats' perspective? >> absolutely. the thing is is that john boehner and the republicans, the last time we went around these negotiations, remember it was june of 2011, on the debt ceiling negotiations, the president and the speaker played golf, and there were all those grand bargain talks behind closed doors. republicans tried to put it on the table back then, and democrats said, absolutely no way. and i think they're going to get a similar response this time. remember, it was just a few weeks ago when john boehner after the election essentially said, there's nothing we can do about obama care. it's going into effect next year. people are going to have to start enrolling, those exchanges are going to have to get up and running. he saw a revolt among his house republicans and republicans across the united states, just for saying it. now john boehner is doing a little backtracking. he wrote in the cincinnati enquirer, his hometown newspaper, the president's health care law adds a massive, expensive, unworkable government program at a time when our natio
and even john boehner knows it. >> you had said next year that you would repeal the health care vote. that still your mission? >> i think the election changes that. it is pretty clear that the president was re-elected and obama care is the law of the land. >> that was boehner less than two weeks ago. it was pretty clear that mission repeal obama care had failed. the voters had spoken and obama care as speaker boehner said is the law of the land. republicans weren't super happy about that message. they thought boehner was getting a little squishy, giving up a fight. that election we just had. the one where voters re-elected the obama care guy, the one that had obama in his name, that was but a flesh wound. today boehner wrote an op-ed to the cincinnati inquirer which begins with, quote, president obama has won re-election but as was the case before the election, obama care has to go. if you read on in his op-ed, things get a little strange. boehner went on to share the big plan which is, quote, over the past couple of years i have noted there are essentially three major routes to repe
obama was re-elected as president, i have to say, you are probably not thankful that john boehner was re-elected as speaker of the house. and vice versa, if you're psyched about john boehner, you're probably not psyched about president obama. but there is one thing about the re-election of both of these men that i think is maybe worth being thankful for. i am thankful that john boehner forever and president obama may be only recently, these two men have been willing to show emotion in public. to be big, tough, american leaders of the highest order, right? both of them in positions where they really answer to no one but the voters. and they are willing to be seen shedding a tear, without shame. i am thankful for that in our national american leadership. i am thankful that the brilliant bbc series, "house of cards," about the most evil politician ever, a mini series that i've watched a million times and i've been addicted to for years, i am happy, i am thankful, i am thankful that "house of cards" is being remade by kevin spacey and it comes out in february. i'm thankful for nbc white hous
negotiations are off to a bumpy start. house speaker john boehner wrote an op-ed yesterday calling for the president's health care law to be part of the fiscal talks. the white house told the "huffington post" the president opposes that. joining me now from washington, nbc white house correspondent kristen welker and neil irwin. welcome to both of you. happy holiday. >> happy holidays, alex. >> kristen, politico said the negotiations are off to a rough start. what do you see as the likelihood of a deal before the end of the year? >> alex, i think they are off to a relatively rough start. president obama expected to invite congressional leaders back to the white house next week after the holiday, but it seems at this point aides are trying to hammer out the beginnings of the deal. republicans seem to be digging in their heels on the issue of taxes, saying they don't want to see the bush era tax cuts expire for the wealthiest americans. of course, that is something the democrats have been adamant about. so they're stuck on this old issue of taxes. and also stuck on the issue of entit
'm not going to prejudge it. and we should not be taking iron clad positions. i have faith in john boehner. >> congressman, we have seen this movie before. the bottom line question and, what can speaker boehner sell? if he goes to them and says, look, we cut a deal here, but tax rates have to go up. actual tax rates have to go up on the wealthy, like senator levin just said. can he sell it? >> i think john is going to do all he can to avoid an increase in tax rates. but as senator levin said, you can get the same results by changing deductions, changing exemptions, and that would put more of a tax burden on the rich but it would not affect marginal tax rates. i don't want to prejudge any of it. bottom line, we cannot have sequestration. we cannot go off the fiscal cliff. the election is over. we have a speaker. the democrats have a president. the democrats have harry reid. we have mitch mcconnell. get them in the room. and that's what representative governments should be about. no one gets all they want. if reagan and o'neal can do it, r boehner and obama should be able to do this. >> the
the retreats. >> run the retreats? >> john boehner -- >> you're getting in deeper and deeper. >> they run the caucus meetings every week. she runs the caucus, decides which speakers come in. vice chair of the caucus, lynn jenkins, virginia fox -- >> what's a more important position, chairman and vice chairman of the caucus or speaker of the house -- >> or committee chair. >> any of the committees. >> caucus chairman trumps the committee chairmanship. i've been both. i've been in the leadership and i've been a committee chair. look, you only had one woman in contentious for committee chairmanship, candace miller. they're knife fights. when the caucus was allowed to speak, they elected -- they selected the woman. unfortunately, you know -- >> a bloomberg article points out uncomfortable optics, the white republican house is going to present. quote, the visuals will be striking when the house debates whether to overhaul the country's tax code and consider ways to keep the costs in social security and medicare under control. white males of the republican party will be arguing to reduce benefi
want to see congress work together on this. president obama says he wants to. john boehner says he wants to. there you have the titans of industry in new york with their rich, mahogany furniture all saying we need to solve this crisis. yet here we are a few weeks away and we're still both sides sticking to their negotiations. there hasn't been a lot on what specifically would you do. this is going to be tight. >> it's going to be tight and everybody should brace themselves before the fiscal cliff comes the fiscal roller coaster and it's going to look dark before either it's totally black as senator mccain likes to say or before it gets done. my bet actually is on getting things done, but i have to say what's depressing about listening to chairman bernanke is how many times we've heard those words before about the last fiscal crisis, whether it's debt ceiling or something else, it really is time for congress to show it can get something done. >> this seems to poll very well, this bipartisanship. you know it. how come there's such difficulty both sides really not willing to nudge off
are off to a rocky start with house speaker john boehner writing an editorial saying he thinks the president's health care plan should be on the table. that is certainly something that both sides will go to the mat over, but i think there's a lot of pressure to get a deal done by the first of the year for the reason that you just cited. because if they don't, this will have a big impact according to a lot of economists on the economy and they just don't want to see that happen and bear the brunt of that. >> understandably so. quickly, the president's plans for today are what? is he there in the house behind you or elsewhere? >> reporter: he is in the house behind me. quiet day at the white house with his traditional thanksgiving dinner with the first family. i'm sure there will be all the fixings on the table, turkey, ham, a lot of different types of pies. yesterday president obama bardened a thanksgiving turkey cobbler and alternate gobbler and they went to a local food bank to deliver food there. president obama today delivering his weekly address wishing all americans a happ
bring some hope to john boehner, the man in charge of actually negotiating this deal with the president. after the election, the speaker did say increased revenues were acceptable if coupled with entitlement reform. but will it be supported in the house? that's where grover is seen as more of a legend than a lobbyist. some are signaling the tax debate does not start and end with this old pledge. eric cantor, who was adamant last time about opposing any revenue increase hit that note on msnbc just this morning. >> there's a lot that has been said about this pledge, and i will tell you when i go to the constituents that have re-elected me, it is not about that pledge, it really is about trying to solve problems. john boehner went to the white house ten days ago and said republicans in the house were willing to put revenues on the table. that was a big move. >> by the standards of republican politics, ben, that was a big move. and eric cantor is doing something pretty important there. i just want to say before we go into all of the nitty-gritty details, tell us about what it means for eric
it takes to communicate a sense of urgency. >> on the other side of pennsylvania avenue, john boehner says he thinks there is a way to avoid that cliff. >> it's time for the president and democrats to get serious about the spending problem that our country has, but i'm optimistic we can continue to work together to avert this crisis and sooner rather than later. >> and look who's coming to lunch. mitt romney will break bread with the president at the white house tomorrow. >> pledge of allegiance, anti-tax crusader grover norquist warns republicans against breaking their promise. >> it is possible if the republicans lose in such a way they've got their fingerprints on the murder weapon, then you have a problem. bush couldn't run again in '92 successfully because he had his fingerprints on a very bad deal, bad on spending and bad on taxes and he broke his word. >> what is alan simpson's message to grover? we'll ask him in a few minutes. >> how do you deal with guys who came to stop government or grover wandering the earth in his white robe saying he wants to drown government in the bathtub.
obama and john boehner. here's how we finished the day on wall street, near the highs. up 105 points. 12,983. we'll have technicians looking at this day, seeing if it's a key reversal. the s&p also in positive territory. market driven by headlines and bluster out of washington. yep, that's what investors should expect short term. maybe until january 1st. should they also expect a rally any time soon? according to ryan dieterich, rally could most definitely be headed our way. >> he joins us now to explain along with peter anderson from congress asset management company. bill mcvail from turner investment partners and our very own rick santelli. peter, i have to begin with you. with a name like congress asset management, is congress going to come through for your assets? >> well, i wish i had an inside scoop on that, but unfortunately, we're also left to speculate at this point. but i will say this. what's incredible about this market is the way the market moved up today, it's an instant polling network that the government can use, actually, to kind of float trial balloons to us and get a
-- but hurry, the offer ends on. stuart: john boehner said he is optimistic that the fiscal cliff negotiations will speak successful. use the word optimistic. market coming back a little on that. as we told you earlier forbes saying that 11 states are in a death spiral. their words. don't buy house in the 11 states, don't invest in their municipal-bond. joiiing us from one of those states is scott kennedy in chicago, ill.. what do you make of that? >> i totally agree. i am not going to buy another house in this state ever again and as markets said, at some point we will run out of spending other people's money. we can support the maxes with the tax rate here and obamacare on top of that. we are in a death spiral and more people will be leaving the state. stuart: i think you are a lifelong illinois guy and you are saying you would never again buy house in this state? really? >> do you know what the real-estate taxes are here? astronomical land set to go higher so we are going to be taxing those who bought houses already. people are not going to buy any more but they can't rent either because no
. >> reporter: in his letter of resignation to speaker of the house john boehner, jackson wrote, "my health issues and treatment regimen have become incompatible with service in the house of representatives." the son of civil rights leader jesse jackson, jackson, jr., mysteriously disappeared from public view last june. it was later revealed he was undergoing treatment for bipolar disorder. jackson was reelected earlier this month, though he did not actively campaign, recording only a single message for his constituents. but his health may not be the only factor in jackson's decision to resign. for more than a year, the washington field office of the f.b.i. has been investigating the possible misuse of campaign funds, according to federal sources, who say discussions about a possible plea deal began in just the past few weeks. today, for the first time, jackson acknowledged that investigation. a plea deal does not appear to be imminent, jeff. late today, jackson's lawyers put out a written statement in which they said, "we hope to negotiate a fair resolution of the matter, but the process c
. house speaker john boehner sending an ultimatum to the president saying his healthcare plan has to be on the table as congress works to avoid a fiscal cliff. >> a new report of the death of usama bin laden reveals shadowy details of the at-sea burial of the world's most wanted terrorist. a cloud hanging over excited shoppers on black friday as workers at the nation's largest retailer get ready for a possible walkout on the busiest shopping day of the year. heather: we can see groups of walmart employees demanding higher pay and better benefits and urging employees to walk out if the demand are not met. with the national labor relations board holding off on a ruling until after thanksgiving, it looks like thousands of shoppers could see serious disruptions. james rosen live for us in our d.c. bureau. >> reporter: heather and rick, happy thanksgiving to you it's an unusual situation when walmart seeks protection from the national labor relations board. that agency was only handed this case last friday. federal investigators have been deposing witnesses and reviewing documents in a
the president has to say today? >> reporter: speaker john boehner just had a news conference on capitol hill and he expressed frustration because he is saying look, republicans put some tax revenues on the table but what they see the democratic side trying to pull entitlement reforms like medicare off the table. john boehner basically saying he thinks the spending situation is sort of a freight train that is coming at the nation right now. republicans senator mitch mism the leader in the senate -- mitch mcconnell blasted the president of saying he is doing is too much campaigning and not governing. take a listen. >> it is over. he won. congratulations. we have a hard deadline here however. and it is still, he is still out on the campaign trail, kind of celebrating. this is the problem. if the president really wants to reach an dwreechlt he needs to be talking with members of his own party right here in washington trying to broker an agreement, not out there firing up crowds and giving speeches. >> reporter: now the bottom line when you listen to comments like that it is pretty clear both sid
and top republicans including house speaker john boehner are accelerating. but the white house must contend with members of his own party who are pushing back against proposals that significantly reshape entitlement programs like medicare and social security. white house press secretary jay carney said yesterday the president is open to compromise and should republicans make a realistic proposal on taxes, they will meet them halfway. >> math tells us that you can't get the kind of balanced approach that you need without having rates be part of the equation. we haven't seen a proposal that achieves that, a realistic proposal, that achieves that. the reality is, closing loopholes and ending deductions as an alternative to raising rates on the top earners, top 2%, those making over $250,000, sounds good, but you have to look at the actual contents of those proposals. >>> and a new poll shows the majority of americans do want compromise in order to avoid the fiscal cliff. 67% say a deal should be a combination of spending cuts and tax increases. and if no deal is reached by the end of t
the debt limit unless forced to by john boehner. >> and by the way, john boehner is talking about having to get the majority of a majority on tax issues. he's not going to get a majority of majority on debt raising. >> much harder on the debt ceiling than taxes. >> that's what i'm saying. i refuse to vote to raise a debt ceiling when they were trying to raise it to $5 trillion. it's something you don't do unless you get a lot of cuts on the other side. >> and it's not a game. because if you don't raise it, we saw what happened last time, you can get your debt downgraded and has real economic consequenc consequences. and that's why when people think about the fiscal cliff, we all assume that sane minds will prevail and they'll come up with some deal. there's no guarantee that sane minds will prevail. and recent history would suggest that sanity almost never prevails in washington. so you can assume it's going to be more difficult than we think. you can assume that the bush tax cuts might all go away for a short period of time. and you cannot assume they just raise the debt limit. you cann
that there is a war going on, not just in the democratic party, but the republican perhaps much more intense. john boehner is trying to work a deal with the president to do tax reform and entitlement reform and his deputy, the majority leader, calls people like paul ryan, who is now running for vice president. .. >> if you keep doing this, you are going to risk your speakership. the president said when i talked to him, interestingly enough, he said in fixing -- he realizes the magnitude of all of this, as does speaker boehner, key democrats, key republicans realize what it is. and the president literally said to me, i would willingly lose an election if i could solve these problems. it is that serious. tim geithner, the treasury secretary, in the book is quoted thousands of words telling the president, you have got to do something about this problem. we have to fix it. you literally, it's not that we're going to close down the government, we will close down the american economy and, in turn, the global economy. if they do not solve the issue of this runaway spending, get some way to stop borrowing
's been suffering from bipolar disorder and dedepression. he did submit his resignation letter to john boehner. he talked about his health and his accomplishments and also talked about the investigation that's ongoing looking into the possible misuse of campaign funds. they are my mistakes and mine alo alone. that part is interesting because sandy jackson, his wife, is an alder person here in chicago. according to the wall street journal she is involved in this i think ve investigation. she's been talked about as a possible replacement. we haven't heard from jesse jackson jr. or senior on this. >> i just find it's so painful at this point for me not only to know that he won't be in the congress but to know that he's still struggling with a serious, very serious mental health issue. >> ted, is this an indicator this is the end of jackson's political career? >> reporter: well, i would think so when you look at the totality of all that's happened to him in the last six, eight months. when you have the mental health sur issues, let's say he gets that under control, he still has this invest
speaker john boehner and republicans want bigger cuts in government spending. thanksgiving gave lawmakers a quick break from the fiscal cliff conundrum. now it's time to hunker down and get back to business. >> reporter: after meeting with president obama before the thanksgiving holiday -- >> i want to welcome the congressional leadership here. >> reporter: -- congressional leaders expressed optimism to reaching a deal. >> we had a very constructive meeting with the president. to talk about america's fiscal problem. >> we have a corner stones of being able to work something out. >> reporter: staffers have been working behind the scenes to fine common ground. among the big sticking points how to bring in more tax revenue and reduce spending on programs like medicare. but it's not yet clear when lawmakers and the president will meet next. even if some progress is made this week a final deal could still be a long way off. >> we rarely see the hill and the white house make decisions early. they tend to do better when they have a deadline so i would be pleasantly surprised to see it, a deal em
it to this year. now we lead up to this moment. last february, john boehner speaker of the house sent a leletter saying this fiscal cliff is bad for the economy. let's work together now. president obama says no than thanks. this killed me. nothing changed since december of 2010. president obama talked about losing in the midterms and said the worst thing we can do is high inemployment and slow economic growth is raise taxes on anybody so support me in extension of the bush tax cu cuts. nothing has changed about the economy now but the economic growth projections are worse. this is not a great way to make good policy. >> kimberly: that is their campaign slogan. they don't make concessions. they have to do something serious about cutting back on spending. coming back in with the entitlement. without that, it won't make a difference if they raise taxe taxes. taking out the bush tax cuts won'tbe make it go away. >> eric: the food stamp recipients. the latest number. $47 million. more than alabama, connecticut, delaware. minnesota, nebraska. nevada. new hampshire. new mexico. north dakota, oklahoma,
. >> brian: house democrats going along with maybe john boehner caucus to pass it. that is how divided it could be. it could cost them the house. when it's said and done and we're sitting here on december 31, emergency session of five five -- i'll be here in case of injury -- there will be sitting there saying this is deal we got to cut. we got to get the democrats to come along with republicans. >> dana: aside from politics i don't think enough people are talking about what is the right policy and the right answer and solution to get the economy going again? see that social security and medicare is saved for the next generation. >> eric: one quick point, can we as five or the con seventives, bob you should be interested in this, too. forget social security. we pay to the social security system. it's self-fulfilling. >> bob: they pay in medicare, too. >> eric: but we way with payroll and fica to social security. government raids social security. only reason that social security is on table they took $2 trillion we paid into it. >> bob: dana's question do you want transparency and grove
strategy, gladly paying you tuesday for a hamburger today. house speaker john boehner insists the republicans are willing to work with the mt. offering the tax revenues if significant spending cuts are part of the deal. is social security on table? should it be? we hear from the experts tonight. -up ambassador -- u.n. ambassador susan rice met on a charm offensive to explain comments after the libya terror attack, where she blamed the non-existent demonstration sparked by anti-islam video. "special report" from washington starts at 6:00 eastern. now back to new york and my kriegs with "the five." ♪ ♪ ♪ ♪ >> brian: i'm going with eric to pick my own music. [ laughter ] power ball hysteria is in full force today with hours to go before tonight's historic drawing. tonight could be your night. $4,550,000,000 up for -- $500 million up for grabs. second in lotto history. some times thing turn bad for winners, most of the time. there is a so-called lottery murder in tampa, florida. that's one you turned bad. the story has abraham shakespeare. $30 million lottery in 2006. kill
speaker john boehner said he would prefer closing loopholes and tax deductions rather than raising rates. martha: thank you very much. bill: the budget negotiations with congressional leaders started a few weeks ago with president obama barack obama calling for $1.6 trillion in additional tax revenue over the next decade. treasury secretary timothy geithner argues that you cannot raise enough revenue to reduce the deficit by only limited tax breaks as some republicans argue, some senior republican aides they say believe a likely compromise would generate about a trillion dollars in new tax revenue possibly by limiting the deductions. martha: part of this whole equation. any future spending cuts should come gradually warned the global economic watchdog so as not to derail the already weak recovery. the group predicts the economy will grow a bit next year but at a slower rate than originally thought. we are really in a very slow growth pattern. they are projecting 2% next year compared with 2.6% which was the forecast from a few months ago. that kind of gross does not get you up off the ma
with house speaker john boehner, and they talked about a great phone cal, courteous phone call, they say, but that aides talked about how each side talked about the importance of not making all these public statements so that each side could have room to negotiate. if there's movement being made, we don't know that yet. athena jones, thank you very much. >> coming up in about ten minutes your brain on the fiscal cliff. don't worry. there is a cure. >>> speaking of a whole lot of money, the powerball jackpot is now the largest many the game's history. an estimated $425 million. even though no one won last night's jackpot, people in eight states won $1 million prizes for matching five numbers. the winning numbers were 22, 32, 37, 44, 50, and the powerball was 34. it was the 15th drawing in a row with no jackpot winner. the next drawing wednesday night. >>> clashes on the streets in egypt. anti-government protests sparking outside the capital. now a call for millions to take part. we are live in cairo. hmm, it says here that cheerios helps lower cholesterol as part of a heart healthy diet.
on democrats to give away the store here. >> gloria, didn't the president when he tried that deal with john boehner that didn't work out, didn't he agree to significant cuts in medicare? >> he did. there were almost there once before. there are different stories about who moves the goalposts in that negotiation. if i were the president and i were going to van, i would say, look, this president has an opportunity right now to shape the future of american budgets. the blueprint for the american economy and for american spending priorities for a decade to come in this particular deal. if i were the president, i would say, look, it's not going to be perfect, but we really do have an opportunity here. i have an opportunity as president. united states to lead this country into fiscal solvency if each side gives a little bit. >> let me speak up for van -- >> van, hold on a second. i want ross to wrap it up. >> well, i was just going to say i disagree completely with van on the policy. i think over the long run if you look at the growth rate in medicare and the fact that every year that you don't c
. the house speaker john boehner's office today announcing something similar. congressional republicans holding events in washington as well as back in their home districts to frame the president's tax plan as a threat to new hiring. but some republicans as you know are already hinting they're open to eliminating deductions even if it means breaking that pledge that the lobbyist grover norquist has been getting law makers to sign for years. joining us now to talk about it all, grover norquist, president of americans for tax reform. grover, thanks very much for coming in. >> good to be with you. >> the trend we're seeing now from members of congress questioning or pushing back on the pledge. we've seen it before to a certain degree, but we're seeing a lot more of it i sense right now. there's a sense this movement is gaining some steam. is this just more of the same, in your opinion, is there something different going on right now? does any of this surprise you? >> well, so far, what we've seen is the same people who two years ago got in front of tv cameras and said let's make a deal whe
not to raise taxes. plus, house majority leader john boehner sounding more and more like republicans won't be easily won over during tax talks. the mering fiscal cliff next. >>> and it was a normal thanksgiving morning until this multi-car wreck. how some 100 cars collided in texas. >> it was just a kmpl seconds, chain reaction. crazy. flashed right before my eyes. i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ throughout our lives. one a day men's 50+ is a complete multi-vitamin designed for men's health concerns as we age. it has more of 7 antioxidants to support cell health. one a day men's 50+. >>> a lot of people in texas say they are lucky to be alive today. that's after this massive
they are likely to get a big deal. it seems that republicans leading on this, like john boehner, like lindsay graham frankly, they're signaling they want to have a big deal. think in the coming three months or so, we'll probably see something pretty big from them. >> doug? >> i agree. i think that they are going to do a bit of a kick the can. but in the interest of getting a deal that people can live with and selling it well, the president is getting outside of washington to go to the american people on this. he needs time to do that well. so i don't think kicking the can down the street is a bad thing, it might help them accomplish something. >> back in a moment, everyone, with everyone's must-reads. s ar. oh no, not that, not here! [ male announcer ] antacids don't relieve gas. gas-x is designed to relieve gas. gas-x. the gas xperts. wears off. [ female announcer ] stop searching and start repairing. eucerin professional repair moisturizes while actually repairing very dry skin. the end of trial and error has arrived. try a free sample at eucerinus.com. >>> we're back with the big three. it
but that will happen. the market will be going up and down on small indicators. is john boehner smiling or frowning today? we'll have a lot of volatility for the next two or three months because i do think it's going to be two or three months. i think this is going to go into january. i think close to a 50% chance we'll go over the fiscal cliff temporarily. the market won't react well to that so it's going to be very, very bumpy couple of months here. >> that said, seasonally, i was told not too long ago, the period between thanksgiving week and december 3rd, the past 20 years has been positive for stocks for 17 of those 20 years. is there going to be any kind of hope for a santa claus rally here, michael? >> i think there is. that's simply because pessimism has reached a level of extreme that historically has led to higher markets over the next three months 81% of the time. the average market gain when pessimism has gotten to this low a level has been about 7%. i think when you look at the basic, you know -- we have three rules to guide our tactical trading. don't fid the fed. obviously on our sid
some other republicans. >> this is quite the tight rope for a lot of republicans. even john boehner was reticent in saying, okay, i'm ready to raise taxes. he still is talking about maybe the health care reform act taking some sort of hit. but then therein lies the question that so many americans, they want to see a compromise. what is it going to take? what is going to be the area where either side is willing to compromise? >> well, i think republicans are going to want to see some real spending cuts. the situation has changed. we are in an untenable situation, spending so much more than we're taking in. right now, when you look at president obama's proposed spending cuts, a lot of them are leisure. they're cuts in there, for example, that are already agreed upon. in other words, we already have. so you can't really count those. there are other things he called spending cuts which are for wars we're not going to fight. he's going to save a trillion dollars not fighting wars that we're not going to fight anyway. so that's like me saying i'm going to give you a trillion dollars, no,
senator mitch mcconnell and speaker john boehner, they all spoke with the president, over the weekend by phone, about the fiscal cliff. here's what jay carney said. >> forecast to be done, work is continuing to take place, the president spoke with both senator reid and speaker boehner over the weekend as you noted. he'll continue to have outreach with -- as he promised he would with various stake holders, business leaders and others this week. as well as conversations that are ongoing between his staff and folks on the hill. that will continue. we hope to see progress. >> and meeting with the leaders? >> i don't have any scheduling updates, but you stole my thunder a little bit, but, yeah, he spoke with speaker boehner and senator reid over the weekend and, you know, he will meet with them at the appropriate time as well as obviously nancy pelosi and mitch mcconnell. so, you know, the process that he began is continuing. we continue to be optimistic that a balanced approach is achievable. >> again, jay carney there moments ago speaking at the white house daily briefing. and if this fi
. they're use it as leverage. john boehner said as much to the president. people say the debt ceiling thing is an albatross. most countries don't have a debt limit. they deal with it in a different way. the debt ceiling debate which started this issue of congress not being able to make decisions on financial matters will come to a sometime between december 31st and february 1st. that is another set of things we have to deal with if they get the fiscal cliff dealt with. >> 35 days, we're counting them and going to see if we can get anything done. thank you. >>> what we're also working on this hour -- egyptian president mohamed morsi's power grab is challenged. but will it be enough to preserve democracy? >>> and medical marijuana a 7-year-old patient in oregon is taking the drug. is it right treatment for kids with cancer? dr. sanjay gupta reports. >>> plus -- scott kelly i didn't cal twin brother of nasa astronaut mark kelley, the husband of former congresswoman gabrielle giffords, takes on a historic mission. he heads to space for a year. we'll take a look at what it will be like liv
and frankly for house speaker john boehner. he may want to cut a deal but may not have the votes because these guys might be on a primary suicide mission, some of these house republicans, if they side with raising tax rates. if they raise taxes they will lose the primary and there's no general election, they don't have to where he about voters. >> are democrats signaling where they may be willing to compromise? >> reporter: president has been willing to talk about social security and medicare and put entitlements on the table. the problem the president has is many parts of his base, including some of those house democrats that he might need in some sort of forged compromise, they are not crazy about doing that. we won. the mandate is to raise taxes. there was no mandate from the voters to tinker with social security and tinker with medicare, but at some point the president's going to put that on the table, and the question will his base let him do it? >> let me switch gears a bit. i want to ask you about senator john mccain. he, of course, has been very critical about the potential nomin
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